Monday, October 6, 2008
They Say History Repeats Itself Right? (John McLame Edition)
I got an email with this information. I will let you make a decision....
When the savings and loan industry collapsed, Keating’s failed company put taxpayers on the hook for $3.4 billion and more than 20,000 Americans lost their savings. John McCain was reprimanded by the bipartisan Senate Ethics Committee, but the ultimate cost of the crisis to American taxpayers reached more than $120 billion.
The Keating scandal is eerily similar to today’s credit crisis, where a lack of regulation and cozy relationships between the financial industry and Congress has allowed banks to make risky loans and profit by bending the rules. And in both cases, John McCain’s judgment and values have placed him on the wrong side of history.
Source: Keating Economics
When the savings and loan industry collapsed, Keating’s failed company put taxpayers on the hook for $3.4 billion and more than 20,000 Americans lost their savings. John McCain was reprimanded by the bipartisan Senate Ethics Committee, but the ultimate cost of the crisis to American taxpayers reached more than $120 billion.
The Keating scandal is eerily similar to today’s credit crisis, where a lack of regulation and cozy relationships between the financial industry and Congress has allowed banks to make risky loans and profit by bending the rules. And in both cases, John McCain’s judgment and values have placed him on the wrong side of history.
Source: Keating Economics
Soulja Boy Enjoys His Success [Rich Ni*** Sh*t Part 3]
HAHA! When you leak every song on your album and still go platinum, set a Guinness Book Of World Records on ringtone sales, have the X-Games officially change the move formerly called "The Superman" to the "Soulja Boy", and then get a contract with YouTube where any video you post you receive 15 cents a comment than you can do stuff like this lol...
Subscribe to:
Posts (Atom)
Iron Lungs Search Engine
Custom Search
